Statkraft, OX2 sign deal for 235MW BESS in Finland

Norwegian renewable energy producer Statkraft has entered into a seven-year agreement with Swedish independent power producer OX2 to manage two large-scale battery energy storage systems (BESS) with 235MW of capacity in Finland. This is said to be Statkraft's largest BESS power purchase agreement (PPA) in the Nordics. Under the contract, Statkraft will optimise two BESS facilities under construction, featuring capacities of 110MW, or 220 megawatt-hours (MWh), and 125MW (250MWh), respectively. The seven ...